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U.S. Dollar Index (DX) Futures Strengthens Over 90.160, Weakens Under 90.060
The U.S. Dollar built on its gains from earlier in the week against the other major currencies on Friday, bringing it to its highest level since December 28 after dismal U.S. payrolls raised expectations for further stimulus measures to prop up an economy battered by the coronavirus and its related government lockdown measures. On Friday, March U.S. Dollar Index futures settled at 90.068, up 0.277 or +0.31%. The Labor Department said nonfarm payrolls decreased by 140,000 in December, the first decline in eight months, well below expectations that called for a still-weak increase of 71,000 jobs. The unemployment rate ... (full story)
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